HT Media Limited has announced its un-audited financial results for the quarter ended December 31, 2025. The company's total revenue remained stable on an annual basis at ₹532 crore, showing a 7% increase sequentially from ₹499 crore in Q2FY26. EBITDA saw a significant year-on-year improvement of 9%, reaching ₹51 crore compared to ₹46 crore in Q3FY25, and a 16% sequential increase from ₹44 crore in Q2FY26. The EBITDA margin improved to 10% from 9% in the previous year and sequentially. The Print segment demonstrated resilience, with operating revenue increasing by 2% year-on-year to ₹395 crore, driven by a 43% surge in operating EBITDA to ₹60 crore. Print English revenue was flat year-on-year at ₹179 crore but grew 8% sequentially, while Print Hindi revenue saw a marginal decline of 1% year-on-year to ₹123 crore. The Radio business experienced a 34% year-on-year drop in operating revenue to ₹34 crore, attributed to a high base effect from non-FCT operations in the previous year. Margins remained under pressure, with operating EBITDA at ₹(5) crore. The Digital segment posted strong growth, with operating revenue rising by 30% year-on-year to ₹67 crore and operating EBITDA improving by 10% to ₹(23) crore. Margins expanded both annually and sequentially. Mrs. Shobhana Bhartia, Chairperson and Editorial Director, highlighted the company's consistent operational progress, stable topline, and steady growth in overall profitability. She noted the resilience of the Print segment, driven by advertising and circulation revenues, and the disciplined cost approach. While the Radio business navigates a challenging market, the Digital business delivered a strong performance with improving revenues and margins. The company remains focused on sustaining momentum across its portfolio by leveraging its Print mastheads, recalibrating Radio offerings, and scaling up digital platforms.
